Jack River (postcode 3971) is a sparsely populated locality in Victoria within the Wellington local government area. It is home to about 161 residents, with a settled, mature resident base and a median age of 47. Households earn a median income of $69K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, clerical & administrative, technicians & trades. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are Australian, English, Scottish.
The current median weekly rent is $435. The median monthly mortgage repayment is $1,283.
The crime rate in the Wellington LGA is higher than average at 12,111 incidents per 100,000 population.
On the investment side, Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.